Sypher Finance
  • Introduction
  • Protocol Revenue
  • Earn Yield
  • Tokenomics
    • SYP Token
    • xSYP Governance Token
    • Token utilities
  • SYPHER DAO
    • DAO Proposals
    • DAO Treasury
  • Protocol Fee Structure
  • Tutorials
    • What is SLP
    • Perpetual Trading
    • DAO Tutorials
    • How to FLP liquidity
    • Platform risk
  • SECURITY AND CONTRACTS
    • Security and Audits
    • Smart Contracts
  • Links & Social Media
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  1. SYPHER DAO

DAO Treasury

The DAO Treasury is governed by the Sypher DAO, with decision-making facilitated through the participation of SYP holders.

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Last updated 1 month ago

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DAO Treasury Breakdown

The DAO Treasury is divided into two main categories:

  1. Treasury Reserve: This consists entirely of the remaining SYP tokens, which are utilized for:

    • Strategic investor allocations, with proceeds from sales going back to the DAO Treasury.

    • Partnership allocations.

    • Security audits to ensure the protocol's integrity.

  2. Treasury Liquid Assets: This includes Senior SLP tokens and a position in the SYP/USDT liquidity pool on the Base Chain. The structure is designed so that:

    • 40% of protocol revenue is funneled into the DAO Treasury, predominantly in the form of Senior SLP tokens, which appreciate in value through protocol fees (50% of protocol fees directed to XLPs).

    • The DAO Treasury’s liquid assets can be redeemed based on xSYP holdings.

xSYP tokenomics